just saw ACV Auctions stock got hammered 15% today after their earnings report. mixed vibes honestly - they crushed sales numbers but completely whiffed on the bottom line lol. beat revenue forecast by $1.6M but lost $0.11 per share when everyone expected them to basically break even. that's rough.

the weird part? ACV actually improved compared to last year. Q4 losses were better than 2024, and full-year losses too. sales growth looked decent at 19% for the whole year. so the company's heading in the right direction on some metrics but still bleeding cash. CEO's talking about margin expansion and market share gains which sounds nice on paper.

looking at their guidance for 2026, ACV's projecting at least $0.29 per share in losses for the full year. that's a lot of red ink to swallow. hard to get excited about a stock that's still deep in the loss column even though the trajectory's improving. probably why the market just said nope and sold off hard. anyone else holding this or just watching from the sidelines?